Take cover! The housing market is heading for a bloody and protracted crash!

sabretoothtigger

Darthvader wrote: »

Japan has about the same amount of land as the UK and more than twice the population as us. Property crashed 80% and is still falling there.

They have strong currency and exports. We have neither so wont see 80% fall unless you were to compare it to petrol prices or something external to the UK

Conrad

DpchMd wrote: »

Aha, so we have 'Graham_Devon' who only posts negative topics and we have 'HAMISH_MCTAVISH' who only posts postive topics. Both have tens of thousand of posts between them.

I think it's reasonable to assume that if they were real people with real opinions, they would have a mixture of positive and negative opinions on the different topics that have been discussed.

I smell a conspiracy. I'd be willing to bet a few quid that, in the early days of the forum, they were tasked by MSE to encourage debate.

I hope that's the case anyway, otherwise it's just weird.

It's not in the slightest bit suspiscious. Tony Benn all his life, regardless of the evidence is a staunch leftie, John Redwood all his life is a staunch righty.
Some personalities like this dilineation, this encapsulated fully formed unyielding worldview.

DpchMd

Conrad wrote: »

It's not in the slightest bit suspiscious. Tony Benn all his life, regardless of the evidence is a staunch leftie, John Redwood all his life is a staunch righty.
Some personalities like this dilineation, this encapsulated fully formed unyielding worldview.

I understand what you're saying - maybe I'm wrong.

But I'm not talking about political views, which are likely to remain static throughout life. Your view on whether house prices are going to rise/fall, or your opinions on the state of the economy, should not be static. They should be based on the facts that are available at that time.

You'd think that in 7 years, a period when house prices and the state of the economy fluctuated wildy, your opinions on the direction of house prices and the economy would have varied.

Instead, Graham_Devon posts 16 filled-with-doom posts every day for 7 years. That is weird.

Bigdeflationfirst

sabretoothtigger wrote: »

They have strong currency and exports. We have neither so wont see 80% fall unless you were to compare it to petrol prices or something external to the UK

Originally Posted by Martin Lewis
Just because it's legal tender, shops needn't accept your cash.
NO bank notes are legal tender in Scotland. In England & Wales, only Bank of England notes are.
Yet legal tender is meaningless in day-to-day life. Anyone can choose to accept or refuse any payment.
Legal tender only means it can't be refused as settlement of court-ordered debt.

I like your sig Sabre, what point are you making? That anything can be used as a medium of exchange but only gold and silver are money that hold their value over long periods of time.

About Japan they are a good comparison because the land area is about the same as the British Isles but they have more than twice the population.

It lays to rest the argument that we are a small island and soon there will be an extreme shortage of land and properties.

There may be a need for some to move away from the cities and into the cheaper areas. I can see this happening more as the 480wk total benefit cap comes in.

Conrad

DpchMd wrote: »

Instead, Graham_Devon posts 16 filled-with-doom posts every day for 7 years. That is weird.

Many Humans have need of a narrative upon which to fixate with puritan zeal.

Graham would likely always have had this need. In the 16th century perhaps it would have taken the shape of a litteral puritanical religious bent, declaring the end was neigh, a commonly held view at that time possibly stemming from European fractures and worries of being overthrown by Spain. Danger seemed omnipresent.

EVERY generation has it's proportion of people of this exact midset. It's very likely to be a Darwinian survival imperitive - fill the tribe with a handful of doomsayers ('realists') and thus give the tribe a reality check to keep it on guard for danger.

It's conditions of worth compell it to seek some latter day villification when at last the day comes they can say 'see, I was right all along'. It gives a satisfying sense of purpose to be this outlier on the lookout for danger, carefuly gathering evidence to proove danger lies just ahead.

This persona type can only function with such an outlook, always with a sense of impending danger. Humans will survive billions of years here and elsewhere and in every generation there will be end is nigh types, but no matter how many times they're wrong, still they come.

CARE TO GUESS HOW MANY TIMES HIGH PROFILE PUNDITS HAVE PREDICTED IMMINENT PEAK OIL? Since 1880, there have been well over 100 expert separate predictions that peak oil had been reached, was about to be reached.

So Devon is merely a function of his DNA and subconscious just as we all are - you for example did not wake up aged 12 and say to yourself 'mmm, I think I'm gonna like punk music, brussel sprouts and women'. It's just innate, a function of the processes going on at energy field level in your embodied mind. Free will is an illusion.

You think you chose to enjoy cruises, but you didn't ever make that desirious instinct that made you feel at home on a cruise.

Graham_Devon

This just get's better.

I'd love to know what kind of psycological defect the articles author suffers from.

DpchMd

Conrad wrote: »

Many Humans have need of a narrative upon which to fixate with puritan zeal.

Graham would likely always have had this need. In the 16th century perhaps it would have taken the shape of a litteral puritanical religious bent, declaring the end was neigh, a commonly held view at that time possibly stemming from European fractures and worries of being overthrown by Spain. Danger seemed omnipresent.

EVERY generation has it's proportion of people of this exact midset. It's very likely to be a Darwinian survival imperitive - fill the tribe with a handful of doomsayers ('realists') and thus give the tribe a reality check to keep it on guard for danger.

It's conditions of worth compell it to seek some latter day villification when at last the day comes they can say 'see, I was right all along'. It gives a satisfying sense of purpose to be this outlier on the lookout for danger, carefuly gathering evidence to proove danger lies just ahead.

This persona type can only function with such an outlook, always with a sense of impending danger. Humans will survive billions of years here and elsewhere and in every generation there will be end is nigh types, but no matter how many times they're wrong, still they come.

CARE TO GUESS HOW MANY TIMES HIGH PROFILE PUNDITS HAVE PREDICTED IMMINENT PEAK OIL? Since 1880, there have been well over 100 expert separate predictions that peak oil had been reached, was about to be reached.

So Devon is merely a function of his DNA and subconscious just as we all are - you for example did not wake up aged 12 and say to yourself 'mmm, I think I'm gonna like punk music, brussel sprouts and women'. It's just innate, a function of the processes going on at energy field level in your embodied mind. Free will is an illusion.

You think you chose to enjoy cruises, but you didn't ever make that desirious instinct that made you feel at home on a cruise.

I'm sure some of that was tongue-in-cheek, but you definitely provided me with some food for thought.

I don't really buy into your "innate" argument, though. In my opinion, his negative persona probably evolved from a disappointment early in life. He was so excited about something positive happening but was then let-down, that he now always expects the worse to prevent a re-occurance of that disappointing feeling.

He's spent 7+ years of his life on a crusade of negativity, letting everyone know that he expects the worse - because he can never lose. If he's right, then he doesn't feel that disappointment, and if he's wrong he stands to benefit from a positive economy.

DpchMd

Graham_Devon wrote: »

This just get's better.

I'd love to know what kind of psycological defect the articles author suffers from.

The author has nothing to do with this. You're the one who cherry-picks the negative stories. As such an active poster, why have you never felt the need to post a positive news story for debate?

shortchanged_2

DpchMd wrote: »

The author has nothing to do with this. You're the one who cherry-picks the negative stories. As such an active poster, why have you never felt the need to post a positive news story for debate?

Maybe because in the real world there are not that many positive things happening with regards to economies at the moment, well in the Western world anyway.

Actually I am wrong, house prices have dropped significantly in the US over the past few years, I suppose that is some economic good news.

Graham_Devon

DpchMd wrote: »

The author has nothing to do with this. You're the one who cherry-picks the negative stories. As such an active poster, why have you never felt the need to post a positive news story for debate?

Coming from another new user pretending to have just arrived, but having issues with the same posters....can I just ask....what you're actual problem is?

I mean, have you got one....other than having a problem with myself after having to ditch your old username and come back with another to provide yourself with some much needed cred?

Let's not pretend this is about articles posted eh. It's personal, obviously. Only I'm still happy to use the same username, and for whatever reason, you are not, and take a vague issue with myself, trying to suggest I'm mentally !!!!!!.

So what did I say to you under your old username? What did you have issues debating?